Actually, it had a lot more to do with the rest of the world reducing it's oil consumption, and the Saudis and Russians flooding the markets to keep their own economies afloat. Screwing up our environment to squeeze out the last few bits of oil from rocks isn't getting us that much.And whats the reason it’s so cheap per barrel?
Because we drove down the prices due to our being able to crack and make oil cheaper. This caused opec and others to lower their prices to compete. They kept lowering the price per barrel Because other countries want to stop us from fracking, which causes us to rely on them again. Once we stop fracking, it’s a quick opec meeting to raise prices again. Prices which we then can not offset due to no longer fracking.
This isn’t a hard tactic to understand.
Uh, okay... I know that you live in some alternate world... But the REcession of 2001 didn't start until 2001, when Clinton was long gone.Clinton put the economy into recession with his tax increases...which Bush had to deal with, then the democrats wrecked the housing market, due to clinton's housing policies, that crashed the market during Bush's term in office.......obama set the middle east on fire and created the worst mass regugee problem in Europe since WW2......you are an idiot.
The Housing Market didn't collapse until 2008, when Bush was almost out the door.
You know, maybe Darkwind had a point... you guys look kind of silly when you try to defend this stuff.
Tell you what. Just let Biden fix the economy like Obama and Clinton did, then you can get stupid white people upset about guns, abortions, gays or some other bullshit issue....
Then you can toss Trump on the pile of "Presidents you totally disown" like you have with the Bushes and Ford and Nixon.
So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
An upward trending economy legacy of the "black guy".So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
well it is big money when you got a hold on the market and the government does get some money back at the sales pump but then again who pays for it at the pump.Well the gov makes more money off a gallon of gas than the oil companies.well Oil and gas are subsidized to the tune of 8.5 billion by the taxpayer. Yet these are the same oil and gas companies that are making big money from exploration and productionIf the transition away from oil happened in an organic way, then yes it shouldn’t affect the price of oil and gas.How is transitioning from oil to renewable sources going to raise the price of oil?
The price of gas is basic law of supply and demand which is largely controlled by OPEC and the US with fracking.
If supply exceeds demand then prices fall, when demand exceeds supply then prices tend to rise. Unless you have a monopoly and you can make your own price.
As such demand will always be there unless electric cars are able to take off and become viable. This may lead to lower gas prices as a way of making the current automobiles a better choice than electric.
But that’s not what the government under the democrats plan. They don’t plan on oil naturally being phased out as better things come along. They plan to tax and regulate to force us to use less, to transition us to other fuels. Fuels that are expensive (biodiesel), unreliable (wind, solar).
This forced transition will be expensive, and it will also further handicap out manufacturing ability, sending more of it overseas.
What’s comical about the whole thing is if you look at the statistics/charts worldwide regarding pollution (in this case CO2 pollution which the left screams about but is not very relevant compared with water vapor), we are barely a mouse fart in a room full of elephants. China and India pump out more in a day than we do in a month or so. Same with most types of pollution. I believe it was 90% of the plastic products in the sea come from China and India... yet here we are banning straws.
It’s a bad move. It will make barely any impact on a global scale, but it will further hamstring our nation.
If the liberals were at all serious, they be pushing nuclear power advancements and batteries. That would get us off oil by a very large degree. But they aren’t serious. The ones at the top use it as a talking point to leverage into more power and control. The fools among the plebs (us) parrot the “clean air, clean water, global warming” bullshit ad nauseam as here we are.
Like most of us suspect, you can bet Hoe Hidin will limit fracking. Whether it’s taxes, regulations, encouraging states to ban it, whatever. I’d bet on it.
View attachment 423075
This money comes from the taxpayer that props ups the oil and gas industry.
Thats beside the point.well it is big money when you got a hold on the market and the government does get some money back at the sales pump but then again who pays for it at the pump.Well the gov makes more money off a gallon of gas than the oil companies.well Oil and gas are subsidized to the tune of 8.5 billion by the taxpayer. Yet these are the same oil and gas companies that are making big money from exploration and productionIf the transition away from oil happened in an organic way, then yes it shouldn’t affect the price of oil and gas.How is transitioning from oil to renewable sources going to raise the price of oil?
The price of gas is basic law of supply and demand which is largely controlled by OPEC and the US with fracking.
If supply exceeds demand then prices fall, when demand exceeds supply then prices tend to rise. Unless you have a monopoly and you can make your own price.
As such demand will always be there unless electric cars are able to take off and become viable. This may lead to lower gas prices as a way of making the current automobiles a better choice than electric.
But that’s not what the government under the democrats plan. They don’t plan on oil naturally being phased out as better things come along. They plan to tax and regulate to force us to use less, to transition us to other fuels. Fuels that are expensive (biodiesel), unreliable (wind, solar).
This forced transition will be expensive, and it will also further handicap out manufacturing ability, sending more of it overseas.
What’s comical about the whole thing is if you look at the statistics/charts worldwide regarding pollution (in this case CO2 pollution which the left screams about but is not very relevant compared with water vapor), we are barely a mouse fart in a room full of elephants. China and India pump out more in a day than we do in a month or so. Same with most types of pollution. I believe it was 90% of the plastic products in the sea come from China and India... yet here we are banning straws.
It’s a bad move. It will make barely any impact on a global scale, but it will further hamstring our nation.
If the liberals were at all serious, they be pushing nuclear power advancements and batteries. That would get us off oil by a very large degree. But they aren’t serious. The ones at the top use it as a talking point to leverage into more power and control. The fools among the plebs (us) parrot the “clean air, clean water, global warming” bullshit ad nauseam as here we are.
Like most of us suspect, you can bet Hoe Hidin will limit fracking. Whether it’s taxes, regulations, encouraging states to ban it, whatever. I’d bet on it.
View attachment 423075
This money comes from the taxpayer that props ups the oil and gas industry.
Exxon in 2019 reported revenue of 290 billion
159 billion was the lowest figure reported by US company
You need to look at you're graph again.An upward trending economy legacy of the "black guy".So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
View attachment 423111
Not this time.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
Or that arvopoir (sp) measure, whatever. 2008 Obama said no cola's for 3 years since "cost of living didn't go up". Rigggght, and how does one know what the next 3 years brings. Oh forgot, baby jesus messiah knows everything. Then we had 12 ounce pounds. Coffee, bacon etc,,,, same price, 75% weight.We won't have gallons by the end of the year. We're all going to convert to the unicorn standard or something.
Which time was it worth any price? Wow...Not this time.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
He had to turn a Recession around. Any more special pleading?You need to look at you're graph again.An upward trending economy legacy of the "black guy".So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
View attachment 423111
When Barry took office in 2008 the economy took a noticeable loss and the gain was slower than in previous years.
It only dropped with the advent of the Scamdemic.
And if you look at the point Trump was elected it started to climb.
So you still cant read your own graph.He had to turn a Recession around. Any more special pleading?You need to look at you're graph again.An upward trending economy legacy of the "black guy".So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
View attachment 423111
When Barry took office in 2008 the economy took a noticeable loss and the gain was slower than in previous years.
It only dropped with the advent of the Scamdemic.
And if you look at the point Trump was elected it started to climb.
Oh bullshit.You need to look at you're graph again.An upward trending economy legacy of the "black guy".So why did the unemployment numbers drop and wages increase with Trump in office?...no. We already know the only thing that happens with republicans is the Rich get richer and the Poor get poorer.
View attachment 423111
When Barry took office in 2008 the economy took a noticeable loss and the gain was slower than in previous years.
It only dropped with the advent of the Scamdemic.
And if you look at the point Trump was elected it started to climb.
Because Biden is a lying politician heading up the democrat party that would like to destroy fossil fuel production. He's no TRUMP! who would buck his own party to get something done.Biden promised to promote Fracking when he was campaigning in Pennsylvania, so why would there be a fuel shortage that would lead to high gasoline prices?
Fine, then you pay the price. Don't make everybody else pay it.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
Elections have consequences. Your blob lost. Sorry.Fine, then you pay the price. Don't make everybody else pay it.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
Thank goodness there wasn't a blob anyone voted for because that would be scary. Now a frail old man with memory issues, people did vote for one of them, and that IS scary.Elections have consequences. Your blob lost. Sorry.Fine, then you pay the price. Don't make everybody else pay it.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
Proof that hatred for Trump supersedes any and all benefits for US. Hatred for Trump is personal and yields no economic benefits for America.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
Getting rid of the blob benefits America.Proof that hatred for Trump supersedes any and all benefits for US. Hatred for Trump is personal and yields no economic benefits for America.Getting rid of Trump was worth any price.are democrats going to be happy paying 5 bucks a gallon at the pump ? i mean the guy they voted for said he's going to crack down on the fossil fuel industry ! https://www.washingtonpost.com/poli...n-draws-gop-attacks-with-call-transition-oil/
